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New Bill on Voluntary Disclosure Submitted to Brazilian Congress

|Proposed Changes|Brazil
Brazil

On 10 September 2015, the Brazilian Chamber of Deputies received Bill Project No. 2960/2015 for review. Project 2960 is similar to Senate Law Project 298/2015 (PLS 298) ({News-2015-08-19/P/2- previous coverage}). Both provide for the creation of a new voluntary disclosure program for unreported foreign assets: the Currency and Tax Compliance Special Regime (Regime Especial de Regularização Camb…

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